The Latest Breaking News from SLB

Someone with a lot of money to spend has taken a bearish stance on Schlumberger (NYSE:SLB). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

The U.S. and its allies have already levied severe sanctions against Russia–with more sanctions in the offing–in response to its alleged killing of civilians in its war with Ukraine, leading to energy supply concerns and higher oil prices. Also, conflict in the Middle East is adding to oil supply concerns,…

Although soaring oil and gas prices are expected to drive the demand for the oil and gas equipment and services industry, several supply-related challenges could mar the industry’s growth. TechnipFMC (FTI) looks overvalued now, given its weak financials. However, we think investors could instead bet on quality stocks in this…

Rising energy demand from the reopening global economy in the face of relatively tight oil and natural gas supplies should keep their prices high. So, oil & gas companies Schlumberger (SLB) and Baker Hughes (BKR) should benefit from a favorable industry backdrop. But which of these stocks is a better…

Schlumberger Ltd (NYSE:SLB) reported fourth-quarter revenue growth of 13% year-over-year to $6.22 billion, beating the consensus of $5.34 billion. Revenue by divisions: Digital & Integration $889 million (+7% y/Y), Reservoir Performance $1.29 billion (+3% Y/Y), Well Construction $2.39 billion (+28% Y/Y), and Production Systems $1.76 billion (+7% Y/Y). The company's Well Construction revenue…

  Schlumberger (NYSE:SLB) reported its Q4 earnings results on Friday, January 21, 2022 at 07:00 AM. Here's what investors need to know about the announcement.

  Companies Reporting Before The Bell • Schlumberger (NYSE:SLB) is expected to report quarterly earnings at $0.34 per share on revenue of $5.34 billion.

Some of the stocks that may grab investor focus today are: Wall Street expects Schlumberger Limited (NYSE: SLB) to report quarterly earnings at $0.34 per share on revenue of $5.34 billion before the opening bell. Schlumberger shares slipped 0.1% to $37.04 in pre-market trading.

A whale with a lot of money to spend has taken a noticeably bearish stance on Schlumberger. Looking at options history for Schlumberger (NYSE:SLB) we detected 52 strange trades.